Micro-Currency: In French City Of Nantes, Soon You Can Pay In Nantos
NANTES – This city in western French is getting ready to launch its own local currency as a complement to the euro.
Though Nantes is following the example of the WIR cooperative bank in Basel, Switzerland, where 60,000 small and medium-sized enterprises are already using a cashless payment system, this will be the first time a large-scale European city is willing to try the experiment with both businesses and individuals.
The measure addresses the increasing importance of non-monetary exchanges between firms, a tendency that is particularly visible in times of financial crisis.
FULL STORY HERE: http://worldcrunch.com/micro-currency-french-city-nantes-soon-you-c...
Comment
-
Comment by Todd Marshall on May 1, 2012 at 2:23am
-
Less Prone: What is a "debt based abuse system"?
-
Comment by Less Prone on April 29, 2012 at 7:29am
-
People taking initiative to create a parallel means of exchange without depending on the debt based abuse system is a very good news.
http://12160.info/group/economic-independence-and-cooperation
-
Comment by DTOM on April 28, 2012 at 7:35am
-
It will be interesting to see if this concept spreads to other French cities.
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
Wading Into the End
This is the existential bendWhen it appears, you’ve come to the endNo family no friendsNo way to…See More
"Cheeki kea, I pray that the insanity doesn't deepen and there's been an attack by some 18…"
Disgraced Former CNN Anchor Don Lemon Arrested
No longer an employed journalist, Don Lemon had been seen with far left agitator, Nekima Levy…See More
"Good poem for these times. I think it's only going to get worse though as we enter into the…"
Our Crazy Modern World
I'll be your host tonight in our first episode of "Our Crazy Modern World". Join us now!Apparently…See More
"What a bummer. Can't tell thie 'dead' guy to eat shit now."
2DF36465-A826-443C-A3A8-6638BC1D4FFA
"Venezuela under Chavez had cut ties with the IMF and World Bank. He had suggested that the US had…"
G_LrzqtXMAAhT7w
"Derelict of duty should be reason for removal of these judges. That would go against what is in…"
2DF36465-A826-443C-A3A8-6638BC1D4FFA
"You can't subvert a nation that has already been subverted by Marxists and drug cartles who…"
© 2026 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network